Dec 31, 2012 10:00am PST
weekend. president obama went on "meet the press" to call out mcconnell and house speaker john boehner over tax hikes. >> i think it's been very hard for speaker boehner and republican leader mcconnell to know that taxes should go up as part of an overall deficit reduction. >> a health scare for hillary clinton. new details as the secretary of state undergoes treatment for a blood clot in a new york hospital. >>> ringing in the new year. from sydney to new york city. the world turns the page to 2013. good day. i'm chris live in washington in for andrea today. deal or no deal? as vice president joe biden and senate republican leader mitch mcconnell continue negotiations, we just have learned that president obama will speak about the fiscal cliff at 1:30 p.m. eastern time. with all that happening, let's get right to our daily fix. nbc's kelly o'donnell on capitol hill, nbc's kristen welker at the white house, and jonathan capehart, washington post editorial writer and my colleague and an msnbc contributor. okay, kelly. the action is on the hill where it's been for the last few days. let'
Dec 27, 2012 10:00am PST
the market, that basically cued off a white house meeting that president obama has with big congressional leaders. they came out and talked a lot about optimism. from that moment on, the dow went up 800, 850 points. a slow, steady climb until early last week when speaker boehner backed utah of the bipartisan talks, goes to plan b and it blows up. now you can see, we're down about 350, 360 points since plan b got introduced. the markets are now starting to believe that we might not get a deal at all, at least into next year. >> chris, what is all this nonsense surrounding a proposal of the white house allegedly sent to senate republicans and now they're denying. do you think anything about that? and are we slated to be in on new year's eve? >> i have talked to some senate dems right before i came down and they told me that they had not been told about the white house at all about any plan coming up and it looks like the sources there on that report may have been a little bit confused. about but i think what we're watching, luke, is a slow motion car wreck. i think we're going